Empire Company Limited (EMP-A.TO)

31.96 -0.03 (-0.09%) At close: 04:00PM EDT

Empire Company Limited

115 King Street
Stellarton, NS B0K 1S0
Canada
902 752-8371
https://www.empireco.ca

Sector(s): Consumer Defensive
Industry: Grocery Stores
Full Time Employees: 131,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael Bennett Medline	President, CEO & Director	2.59M	N/A	1963
Mr. Matt Reindel	Executive VP & CFO	985.07k	N/A	N/A
Mr. Pierre St-Laurent	Chief Operating Officer	1.26M	N/A	N/A
Mr. Douglas B. Nathanson	Executive VP, Chief Development Officer, General Counsel & Corporate Secretary	714.89k	N/A	N/A
Mr. Simon Gagné	Executive VP & Chief Human Resources Officer	923.95k	N/A	N/A
Mr. Clinton David Keay C.A., CPA	Senior Vice President of Corporate Finance	793.02k	N/A	1966
Ms. Julia Knox	Chief Technology and Analytics Officer & Chief Privacy Officer	N/A	N/A	N/A
Katie Brine	Director of Investor Relations	N/A	N/A	N/A
Jacquelin Weatherbee	Vice President of Communications & Corporate Affairs	N/A	N/A	N/A
Ms. Sandra Sanderson	Chief Marketing Officer	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs; and operates grocery e-commerce stores under the banners, such as Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com. It also owns interest in the Crombie Real Estate Investment Trust, an open-ended real estate investment trust to own, operate, and develop a portfolio of grocery and pharmacy-anchored shopping centers, freestanding stores, and mixed-use developments; and various equity accounted interests in Genstar partnerships that develop residential real estate properties in Ontario, Western Canada, and the United States. Empire Company Limited was founded in 1907 and is headquartered in Stellarton, Canada.

Corporate Governance

Empire Company Limited’s ISS Governance QualityScore as of April 1, 2024 is 6. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 10; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.